United States, California, Los Angeles - 05/04/2019 (PRDistribution.com)
Growing Trends in the Esports industry continue to strive and investors and entrepreneurs like Rick Fox, Amit Raizada, and Stratton Sclavos are all seeing gains in the industry with no end in sight.
With money to work with and a team of leaders hungry for success, Team Echo Fox has turned into a major player in eSports, and they only seem to be growing. The organization has several teams competing in top games. Teams are competing in Call of Duty: WWII, Counter-Strike: Global Offensive, Street Fighter V, Super Smash Bros. Melee, League of Legends, Gears of War 4, Mortal Kombat X, Tekken 7, Dragon Ball FighterZ and more. In 2015, the organization was able to land several prominent players who specialize in a few games to bolster their roster.
Perhaps the most notable acquisitions to this point for Echo Fox came in 2017 when they were able to sign seven fight game community players all at once. All of them were well-known players at the time, and the acquisitions announced the arrival of Echo Fox as one of the truly elite organizations around. The goal is to compete in every tournament available to the organization
Looking forward, Echo Fox hopes to make smart acquisitions to round out their rosters when necessary. With a core group of gamers already locked in, the organization can be a little bit more selective going forward. They will also be looking at specific games to compete in since there is an ever-growing number of games with a competitive circuit forming.
More on Amit Raizada
Taking a chance on eSports is something that made sense to Raizada. With years and years of success investing in different companies all around the world, he has always shown an eye for identifying what is about to take off.
What would eventually become Spectrum Business Ventures started early on in his days at Michigan State. He was an economics major at the time, trying to figure out exactly what he wanted to do with his life. The humble beginnings quickly turned into success. All of a sudden, he had a portfolio with more than 50 firms.
After building up his portfolio, Raizada then began to focus on the rising popularity of the real estate market at the time. He saw an opportunity to invest in several growing areas around the United States, eventually closing hundreds of deals. This helped to fund other projects under the Spectrum Business Ventures umbrella.
Raizada is excited to see where eSports ends up in the next few years. While it isn't the main focus of the parent company, the fact that Vision Venture Partners developed with Echo Fox in mind shows that he is a firm believer in overall growth across the board for eSports.
It looks like eSports is here to stay, as more and more investors are pouring money into the industry. By taking the initiative and bringing clarity to their vision Team Echo Fox, Vision Venture Partners along with Amit Raizada have tremendous growth opportunity. Other notable names involved with Raizada in the Esports field are Chuck Rouse, Rick Fox, and Stratton Sclavos.